Well, I am here today to fill you in on this super cool tip which may save you some money on your premiums.
Immunity under this section does not apply to:(1) disclosure of information known to be false; or(2) a disclosure made with malice or the wilful intent to injure any person.
That would have the effect of turning the car insurance industry’s risk-assessment-based business model on its head.
Before long, there would be no car insurance industry and we’d all be paying for damages and injuries out of pocket.
Lawsuits would inevitably skyrocket, clogging our already over-burdened court system.
The only people who would benefit from that would be trial lawyers. Closer to home, consider this: backdating a car insurance policy is insurance fraud.